Kristian Stout Quoted in Bloomberg on Potential Warner Bros. Deal
Bloomberg
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In a Bloomberg story about the regulatory hurdles facing potential suitors for Warner Bros. Discovery, ICLE Director of Innovation Policy Kristian Stout commented on how antitrust enforcers might view a potential merger.
Depending on the bidder and how regulators choose to analyze the market, the data could favor a combination…. Even together, Warner and Paramount’s streaming services would amount to less than 3.5% of TV consumption, according to Nielsen data. That’s far below YouTube, which commands about 13% of viewing, and Netflix, at 8%.
You can read the full story at Bloomberg here.